Egypt’s largest steel producer acquires 18% of Egyptian Steel at $160m
CAIRO: Egypt’s largest steel producer Al Ezz Dekheila purchased 18 per cent of Egyptian Steel Company’s total equity in a deal worth 2.5 billion Egyptian pounds ($160 million), Arab News reported. The purchase has been made from the founding partner Ahmed Abou Hashima and his company Egyptian Steel, according to an EGX filing. The fair value of … Read more
